Free Practice HFMA CHFP Exam Questions 2026

Stay ahead with 100% Free Certified Healthcare Financial Professional (CHFP) CHFP Dumps Practice Questions

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Total 315 Questions | Updated On: May 22, 2026

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Question 1

Debt service coverage is equal to:

A : (gross income + debts + depreciation + amortization) / maximum half year debt service payments

B : (net income + interest + depreciation + amortization) / maximum annual debt service payments

C : (net income + expenses + depreciation + amortization) / minimum annual interest service payments

D : (net income + revenues + appreciation + amortization) / minimum half year interest service payments

Answer: B

Question 2

____________ represents the amount that a service contributes toward covering all other costs after

it has covered the costs that are solely because the service is offered and would not be there if the

service were dropped.

A : Margin cost

B : Service cost

C : Product margin rule

D : Product margin

Answer: D

Question 3

An asset with clear value that is pledged against a loan to reduce risk to the lender is known as:

A : Pledged asset

B : Collateral

C : Mortgage

D : Bank Term loan

Answer: B

Question 4

Requiring providers to have their capital expenditures preapproved by an independent state agency

to avoid unnecessary duplication of services is referred to as:

A : Preapproval certifications and opinions

B : Preapproved payments

C : Certificate of need

D : State service reviews

Answer: C

Question 5

A post office box located near a Federal Reserve Bank or branch that for a fee will pick up and process

checks quickly is called:

A : Pickup box

B : Lockbox

C : Process box

D : Live box

Answer: B

Page: 1 / 63

Total 315 Questions | Updated On: May 22, 2026

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